Lantana, FL 33462,1204 S Lake DR 3
Listed by Century 21 Stein Posner
Bought with Century 21 Stein Posner

$60,700

$64,997

6.6%
Est.Price: ?

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Est. payment /mo

1 Bath

430 SqFt


SOLD DATE : 08/02/2018

Key Details

Sold Price $60,700

Property Type Condo

Sub Type Condo/Coop

Listing Status Sold

Purchase Type For Sale

Square Footage 430 sqft

Price per Sqft $141

Subdivision Sunrise Terrace Condo

MLS Listing ID RX-10443360

Sold Date 08/02/18

Full Baths 1

Construction Status Resale

HOA Fees $240/mo

HOA Y/N Yes

Abv Grd Liv Area 16

Year Built 1973

Annual Tax Amount $892

Tax Year 2017

Lot Size 0.278 Acres

Property Description

Great Location, RARELY AVAILABLE, quiet building steps from the Intracoastal Waterway! Close to Beach! Hot Spot for Snow Birds or Full Time residents. No Lease restrictions.Residents have full access to Hidden Banyan Intracoastal waterfront pool and private Pier.ONLY 12 Units in Building!!We have 2 Units available in the same building same owner. Owner prefers to sell them both together.Unit #3 is a Studio with dining area and updated kitchen and bath IMPACT WINDOWS on 1st floor Also have unit #11 - 1/1 freshly painted with updated kitchen and bath and huge closets on 2nd floor. Reference MLS RX-10443198Both are rented with long term well paying tenants in place. Current cash on cash rate is about 9%.Rents can be raised to realize 10% plus return.

Location

State FL

County Palm Beach

Area 5640

Zoning R15(ci

Rooms

Other Rooms Family

Master Bath Combo Tub/Shower

Interior

Interior Features Pantry

Heating Window/Wall

Cooling Wall-Win A/C

Flooring Tile

Furnishings Turnkey

Exterior

Garage Assigned

Utilities Available Cable, Electric, Public Sewer, Water Available

Amenities Available Common Laundry, Picnic Area, Pool

Waterfront No

Waterfront Description Intracoastal

Water Access Desc Common Dock

View City, Garden, Intracoastal

Roof Type Other

Parking Type Assigned

Exposure N

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre

Story 2.00

Foundation Block, CBS, Concrete

Unit Floor 1

Construction Status Resale

Others

Pets Allowed Restricted

HOA Fee Include 240.00

Senior Community No Hopa

Restrictions Buyer Approval,Interview Required,Lease OK,No Pets

Acceptable Financing Cash, Conventional

Membership Fee Required No

Listing Terms Cash, Conventional

Financing Cash,Conventional

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